PolkaEx is now live on Binance Smart Chain (BSC). Stake $PKEX to earn $BUSD!!
Dear PolkaExians, we are so excited to announce that PolkaEx is finally live on Binance Smart Chain (BSC)!! BSC has over the past few months gained massive adoption and rise in the number of DApps and users. BSC is important for us too as our launch there opens a door for projects seeking to raise funds solely on BSC to tap into our Launchpad and powerful community to meet their targets. Our staking program referred to as Pools is also live and we will be partnering with more Binance Smart Chain projects in the near future.
PolkaEx team is ready to open an 8,000 $BUSD reward pool to reward $PKEX stakers, which starts at block number 12,971,225 (Around 13:30 UTC November 26th), will last for 14 days. During the 14-day period, all PolkaExians can join the pool at any time to earn $BUSD by simply staking $PKEX.
Starts at: Block 12,971,225.
Minimum Staking Amount: 1,000 $PKEX.
Lock-up period: 14 days.
Reward: 8,000 $BUSD, users can claim $BUSD rewards at any time.
Network: Binance Smart Chain Mainnet.
The more $PKEX you stake, the more reward you earn. The earlier you join, the more $BUSD you will get.
How to bridge $PKEX tokens to BSC
➡ Bridge Ethereum assets($PKEX) to BSC
Remember that you switched to BSC on Metamask.
- Open the AnySwap’s official website: https://anyswap.exchange and click “Bridge” on the left menu bar;
- Connect the Metamask wallet in the upper right corner and set it as the ETH mainnet;
- On the right of “From”, select ETH Mainnet and $PKEX assets;
- BSC mainnet and $PKEX assets are automatically selected in the output field of “To”;
- Enter the number of $PKEX that you want to cross the chain at the horizontal line below the “From” input field;
- Click the “Swap” button and the Metamask will pop up for the “Confirm” operation.
➡ Bridge Shiden assets($PKEX) to BSC
Currently, users can only bridge $PKEX tokens on Shiden to Ethereum first and then to BSC, however, the whole process only extra pays a small amount of $SDN fees. In the future, we will use Router to bridge $PKEX assets directly from Shiden to BSC.
Note: At present, whether $PKEX assets are transferred from BSC to ETH mainnet or ETH mainnet to BSC, there is a handling fee. Please refer to the “Reminder” of AnySwap for the specific fees.
PolkaEx is a cross-chain DeFi suite consisting of a Decentralized Exchange, a Launchpad, Liquidity mining, and NFT usecases. Our main chain of focus is Astar and by combining a Launchpad with a Decentralized exchange we believe this can open the door for legitimate projects seeking to raise funds and list on a Decentralized exchange on Shiden to do so in a decentralized, low fee and developer-friendly environment. Our Launchpad is live on both Ethereum and Shiden Network.
Our Dex was launched on Shiden Network with Staking and Liquidity mining. Shiden Network provides PolkaEx and the DeFi community with a whole Layer 2 scaling solution designed to benefit the user with a low transaction fee and fast speed. To sum up, while we make it possible for community members and investors to invest in early ideas and projects, we provide projects with a decentralized exchange to list their tokens on Shiden Network.